In brief
Circle's stock was halted twice on the New York Stock Exchange as shares surged on Thursday.
The performance validated Wall Street's growing embrace of stablecoins, analysts said.
Circle's IPO positions the…
In brief
Compass Point analysts believe that USDC’s DeFi-centric market share is unlikely to wane as Wall Street firms enter the space.
USDC relies on proprietary tech that makes it easier to…
Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture…
The Ethereum network is staging a comeback in 2025 as bot-driven activity and stablecoin growth push the mainnet back into the center of decentralized finance (DeFi). On June 4, crypto trading…
Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range.The USDC (USDC) stablecoin manager said on…
In brief
Circle and its shareholders sold 34 million shares, raising $1.1 billion in an upsized offering.
The deal values the firm at $6.9 billion on an outstanding share basis, and $8.1…
Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26.The company sold around 34 million shares in the offering…
The Donald Trump-affiliated World Liberty Financial announced in a June 4 statement that it airdropped $4 million worth of its new stablecoin, USD1, to holders of its native token, WLFI.Trump-Linked…
20h05 ▪
4
…
Major cryptocurrency exchange MEXC has significantly increased its involvement in the stablecoin market by becoming the second-largest holder of the synthetic stablecoin USDe among all exchanges. According to its latest…